Da Milano aims for 100 stores by year end
In this article (4)
Indian-Italian handbag and accessories retailer Da Milano is aiming to be operating 100 stores by the end of this financial year, including in Singapore. The company offers “affordable luxury” items and is likely to open further locations in airports and Tier II and III cities across India. It currently runs 80 stores across the country, as well as three in Dubai and one in Nepal.
Stores are scheduled for launch in London, Singapore and more in Dubai. Its distribution network currently covers eight countries, retailing the brand’s more than 300 products per season. Designs are produced in collaboration between Italian and Indian teams.
Da Milano sales grew 25 per cent over the last financial year, with expansion expected to continue through 2019. Efforts to promote the brand online are at the forefront as the brand approaches its 30th anniversary.
Questions & Answers
Q.What is Da Milano's current store count and where are these stores located?
What is Da Milano's current store count and where are these stores located?
Da Milano presently operates 80 stores within India. Also, it has three stores in Dubai and one store in Nepal, bringing its current total to 84 locations internationally.
Q.Which new international locations are planned for store openings?
Which new international locations are planned for store openings?
New stores are scheduled for launch in London and Singapore. More locations are also planned for Dubai, expanding its presence in the United Arab Emirates further.
Q.What is the expected growth rate for Da Milano's sales?
What is the expected growth rate for Da Milano's sales?
Da Milano's sales increased by 25 per cent during the last financial year. The company anticipates this expansion to continue throughout the current year, 2019.
Reader pulse
Is Da Milano's 100-store target achievable?
18,336 votes so far